BANKRUPTCY

Tired of wage garnishments, collections and harassing phone calls?
Not sure which way to turn? The Salas Law Firm can help.

Pick up the phone today and call to set up a FREE appointment.

Get control of your life and end the nightmare of endless debt.

There are many reasons people file for consumer bankruptcy but the
common thread is financial stress. Stress caused by wage garnishments,
credit card debt, divorce, medical bills, or loss of employment. If you
feel that you are at the end of your financial rope, The Salas Law Firm
can help you restart your life.

Stop Wage Garnishment

Filing Chapter 7 or Chapter 13 enacts an automatic stay, which means that creditors
are not allowed to take any further action against you to collect the debt owed to them.
This includes wage garnishments. If your wages are being garnished at the time you file
bankruptcy, you can contact both the creditor garnishing your wages, and your employer,
to notify them that you have filed bankruptcy. Once notified, they are required by law
to cease the garnishment action. The automatic stay, however, does not apply to child
support and alimony garnishments.

Chapter 7

If you are struggling to catch up on credit cards, medical bills, payday loans and other unsecured debts despite your best efforts, Chapter 7 bankruptcy may be an option for you.

Chapter 7 bankruptcy is often referred to as liquidation because a bankruptcy trustee can liquidate (convert to cash) your non-exempt assets to pay part of your outstanding bills.

Let us help you determine which if any assets are subject to liquidation by the bankruptcy trustee.

In order to qualify for Chapter 7 bankruptcy, you must pass a means test.

Let us help you determine if you qualify for a Chapter 7 discharge under the current Bankruptcy Court Guidelines.

We can help you determine whether you are eligible to file Chapter 7 bankruptcy and how filing Chapter 7 bankruptcy may help you be excused from your credit cards and other unsecured debts. Let us visit with you and we’ll explain in more detail how Chapter 7 bankruptcy may work for your situation.

Chapter 13

Chapter 13 Bankruptcy often provides a solution for people who are facing short-term financial setbacks like job loss, illness, or large unexpected expenses.

For people in crisis that have fallen behind on their bills, but who have regular income and are in a position to make regular monthly payments, filing bankruptcy under a Chapter 13 plan may allow the breathing room necessary to get back on track.

Many people looking to stop foreclosure or avoid repossession choose Chapter 13 bankruptcy, because it combines the automatic stay with the ability to catch up past due payments over a period of three to five years after filing bankruptcy while keeping current payments up to date.

For immediate help contact The Salas Law Firm at (970) 797-2519 to schedule an appointment for our free and confidential consultation